Tender offer to the shareholders of UIAG expired
The public tender offer of CROSS Industries AG to the shareholders of Unternehmens Invest AG (UIAG) to buy all shares of the free float (around 25.37 % of the capital stock) expired on February 22nd, 2007. The statutory additional respite of three month ends on May 28th, 2007.
The tender offer has been accepted for a total of 42,138 shares, which represents an interest of 1.05 % of the capital stock of UIAG. The interest of CROSS Industries AG in UIAG amounts henceforth to 55.98 %. UIAG will be further listed in the Prime Market of the Vienna Stock Exchange.
UIAG is the leading company for equity financing in Austria and has supported the going public of several Austrian companies (e.g. Andritz, Palfinger, Bene). This successful path should be continued with strengthened by CROSS Industries AG as main shareholder.